Tag Archives: Dax
A.M. Look 4/14/15
Stocks… Spu’s…I need to see one more close over 2097 for higher. Nasd 100…4430-36 will be resistance and the closing upside pivot. 4365 is the first good bounce level. DAX…is in profit taking mode. 11,900-12,000 is the support level and … Continue reading
A.M. Look 3/24/15
Stocks… DAX …remains firm over 11,900. Nikkei…June needs price action under 19,500 to show any signs of profit taking going into the end of the qtr. BPT…breaks out over 56.65 Bonds … Bonds…163.15 will act as the short term pivot … Continue reading
A.M. Look 3/23/15
Stocks… DAX …remains firm over 11,900. Nikkei…June needs price action under 19,500 to show any signs of profit taking going into the end of the qtr. RIG…needs new price action over 15.40 for higher. TRN…Trinity has had a nice run. … Continue reading
A.M. Look 3/20/15
Stocks… March DAX & Euro Stoxx expire today. Look for continued strength. Biotech lottery…the Bots take hold of these early. If you’ve an interest in a name you need to be on it in the first few minutes of trade. … Continue reading
A.M. Look 3/17/15
Stocks… Press the bet in the the Biotech lottery is the best game in town. DAX…I didn’t have a higher tgt than 12,000. We’re seeing some profit taking. Let’s see if it turns into anything. Russell…is flirting with new all … Continue reading
A.M. Look 3/12/15
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Downside support is 2024 followed by the 200 DMA just below 2000. Spu’s need recovery over 2044 for a start. Nasd 100…4333…4285…4265; these are the … Continue reading
Midday Missive
30 yr. Bonds…The (H) is putting in an ORL day. I’m now of the opinion that the June 30 will eventually trade down to the 153-154 over the next few weeks.Sell any good rally. We never got a rally. This … Continue reading
A.M. Look 3/4/15
Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading
Midday Missive
DAX…11,362 is today’s ORL #. This is where the rubber will meet the road. More than a peek and a reversal higher at this level will lead all other indices lower. Spu’s…show me something under 2100 before the Bulls start … Continue reading
A.M. Look 2/24/15
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. Euro Stoxx 50…price action under 3498 will run out weak longs. DAX…10,900 is the hold level. Nikkei…18,425 is today’s ORL # Bonds … … Continue reading